This title blurs in and out as the colour channels separate/align. The ability to reposition the title onscreen has been disabled as the alignment and the positioning work together. Any repositioning can be done in the "Title Inspector".
It has been setup to work with all SD, HD, 4K & 5K resolutions at all available frame rates from 23.98 to 60fps in FCPX.
It also has a PDF file inside the folder. This folder, as downloaded from the link below, should be put inside a "Custom" named folder in your "Titles" folder inside your "Motion Templates" folder in your "Movies" directory.